Are you a foreign investor who wants to start a company in Lebanon? This article provides an overview of the main types of companies in Lebanon, the main formalities for incorporation, and other business considerations. We invite you to explore this information and then contact our team of specialists in company formation in Lebanon for personalized offers and full services.
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Main company types available in Lebanon
Here are the main types of companies you can choose from in Lebanon if you want to develop a business:
- the limited liability company or SARL is the most popular business option in Lebanon. LBP 5 million is the minimum share capital required;
- a joint stock company in Lebanon can be established with LBP 30 million;
- international investors can open offshore companies in Lebanon. The minimum share capital required for this entity is LBP 30 million;
- holding companies are also available in Lebanon. These business entities are appealing to foreign investors due to a beneficial tax regime;
- limited and general partnerships can be established by foreigners in Lebanon;
- one can also choose to open a liaison office in Lebanon without having commercial activities. This is suitable for advertising projects.
If you have already chosen the optimal business entity for your future business in Lebanon, all you have to do is turn to our local experts for guidance and comprehensive information. We assist international investors in opening offshore companies in Lebanon.
How can you open an offshore company in Lebanon
Setting up an offshore company in Lebanon requires the following:
- an offshore company in Lebanon can be set up as a joint stock company. At least 3 shareholders are needed to establish such a business structure;
- the offshore company must have a physical office registered in Lebanon to function;
- LBP 30 million (around USD 20,000) is the minimum share capital requested. This sum must be deposited in a local bank account, mentioning “offshore under the constitution”;
- the Commercial Register in Lebanon, part of the Ministry of Justice, is in charge of issuing approvals on company documentation, including for offshore entities.
It is good to specify that offshore companies in Lebanon cannot engage in local activities nor generate income in this country. For detailed information and representation, please contact our local experts in company formation in Lebanon.
Taxation of offshore companies in Lebanon
If you want to open an offshore company in Lebanon, these are key aspects about taxation:
- there is no corporate income tax imposed on offshore companies in Lebanon generating revenues outside this country.
- LBP 50 million is the annual lump-sum tax imposed on offshore companies in Lebanon.
- there is no withholding tax in dividend distribution by offshore companies in Lebanon.
- full or partial exemption is possible on salaries of employees working in offshore companies in Lebanon, which is quite appealing for international investors.
We invite foreign entrepreneurs to explore our company formation services in Lebanon. As an offshore jurisdiction, rapid company registration is another business advantage to consider in Lebanon. Please contact us online or by phone for personalized assistance and offers.